Maximum Leverage. Borrower, together with the other Companies, will maintain Total Liabilities divided by Tangible Net Worth, as of the end of each fiscal quarter, at not greater than 1.50:1.00.
Appears in 3 contracts
Sources: Credit Agreement (Landec Corp \Ca\), Ex Im Credit Agreement (Landec Corp \Ca\), Credit Agreement (Landec Corp \Ca\)
Maximum Leverage. From and after May 28, 2007, Borrower, together with the other Companies, will maintain Total Liabilities divided by Tangible Net Worth, as of the end of each fiscal quarter, at not greater than 1.50:1.001.00:1.00.
Appears in 1 contract
Sources: Credit Agreement (Landec Corp \Ca\)